INFOGRAPHIC: Top Asian Startup Funding — Week 42
These are the funding deals we tracked in the Asian region this week – featuring Purplle, Eruditus, Everstage, Primus Senior Living, and watchTowr.
- Indian beauty startup, Purplle raises $180 million in Series F to enhance its omnichannel beauty experience.
- India’s Eruditus secures $150 million in Series F to expand its edtech platform globally and deepen investments in AI.
- Sales performance management startup Everstage secures $30 million in Series B to expand product capabilities and enhance services.
- Bengaluru-based Primus Senior Living raises $20 million in seed funding to scale eldercare services across six cities.
- Singapore’s watchTowr raises $19 million in Series A to accelerate global growth in cybersecurity.
Purplle Secures $180 Million in Series F to Lead Omnichannel Beauty Innovation
India-based omnichannel beauty platform, Purplle raised INR 1,500 crore (approximately $180 million) in a Series F funding round led by Abu Dhabi Investment Authority (ADIA), with participation from Premji Invest and Blume Ventures.
This new capital will support Purplle’s expansion of its technology-driven beauty experience, while further growing its offline presence and enhancing its product offerings to reach a broader customer base.
Founded by Manish Taneja and Rahul Das in 2012, Purplle has become a leader in India's beauty industry with over 7 million monthly active users and a diverse range of products, including both third-party brands and its own private D2C labels like FACES CANADA, Good Vibes, and NY Bae. The funds will also be used to scale Purplle’s offline stores, which currently include 8 exclusive outlets and over 6,000 touchpoints.
